Filed Under:Your Practice, Regulatory

Senate bill would ease Section 171 impact on insurers

Legislation was introduced in the Senate late Thursday that would provide the Federal Reserve Board with the authority it needs to tailor capital standards of insurers it oversees.

The bill was introduced with bipartisan support by five senators, signaling that it has support strong enough to allow it to pass the Senate. There also appears to be strong support to do so in the House.

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Nichole Morford

Nichole Morford
Managing Editor

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